Redwood Invest Report
  • Business
  • Politics
  • Stocks
  • Investing
  • Business
  • Politics
  • Stocks
  • Investing

Redwood Invest Report

Politics

Dr. Oz touts investment in Medicaid: ‘I’m trying to save this beautiful program’

by admin August 4, 2025
August 4, 2025
Dr. Oz touts investment in Medicaid: ‘I’m trying to save this beautiful program’

Centers for Medicare and Medicaid Services (CMS) administrator Dr. Mehmet Oz says the Trump administration plans to invest more than $200 billion ‘more dollars’ into Medicaid following the passage of the ‘One Big Beautiful Bill.’ 

‘I’m trying to save this beautiful program, this noble effort, to help folks, giving them a hand up,’ Oz told CBS’ ‘Face the Nation’ on Sunday.

‘And as you probably gather, if Medicaid isn’t able to take care of the people for whom it was designed, the young children, the dawn of their life, those who are twilight of their lives, the seniors, and those who were disabled living in the shadows, as Hubert Humphrey said, then we’re not satisfying the fundamental obligation of a moral government,’ he continued. 

Oz, the 17th administrator for CMS, said the government wants ‘an appropriate return’ on the Medicaid investment. He addressed the difference in drug costs between the U.S. and Europe, adding that work is being done by the administration in an attempt to bring drug prices down.  

Last week, the Trump administration announced it is launching a new program that will allow Americans to share personal health data and medical records across health systems and apps run by private tech companies, promising that this will make it easier to access health records and monitor wellness.

CMS will be in charge of maintaining the system, and officials have said patients will need to opt in for the sharing of their medical records and data, which will be kept secure.

Those officials said patients will benefit from a system that lets them quickly call up their own records without the hallmark difficulties, such as requiring the use of fax machines to share documents, that have prevented them from doing so in the past.

‘We’re going to have remarkable advances in how consumers can use their own records,’ Oz said during the White House event.

CMS already has troves of information on more than 140 million Americans who enroll in Medicare and Medicaid. Earlier this month, the federal agency agreed to hand over its massive database, including home addresses, to deportation officials.

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

previous post
Trump accuses Senate Democrats of using nominee confirmations as leverage for funding deals
next post
Kamala Harris back in national spotlight as James Comer floats subpoena in Biden ‘cover-up’ probe

Related Posts

GOP bill takes aim at Congress’ ‘no rules...

June 6, 2025

GOP unveils plan for ‘Trump Health Freedom Accounts’...

December 6, 2025

FDA moves to lift ‘black box’ warnings from...

November 11, 2025

Senate Republicans plot longer-term funding bill as government...

November 4, 2025

Biden’s Saudi fist bump drew heat in 2022...

November 19, 2025

Veteran Biden insider Anita Dunn to appear in...

August 8, 2025

New Russiagate evidence ‘directly’ points to Obama, DOJ...

July 24, 2025

Bondi says all charges against doctor who allegedly...

July 13, 2025

Trump caps week with bold military moves from...

September 7, 2025

Trump orders Attorney General to investigate Biden’s autopen...

June 5, 2025

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Scandal leaves International Criminal Court grasping for legitimacy amid probe of Israel

    • 201 House Democrats vote against blocking Medicaid dollars for kids’ transgender surgeries

    • Magnitude ‘cannot be overstated’: Feds say Minnesota fraud may be more than $9B

    • China warns of rising war risk after historic US arms sale to Taiwan

    • AOC predicts triumph over JD Vance in hypothetical 2028 matchup: ‘Let the record show: I would stomp him’

    • Trump gets 417 nominees confirmed by Senate in 2025, surpasses Biden’s first-year total in record pace

    Categories

    • Business (196)
    • Investing (1,448)
    • Politics (1,673)
    • Stocks (119)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 redwoodinvestreport.com | All Rights Reserved